ADNH

ADVENT TECHNOLOGIES HOLDINGS, INC.

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Last updated Oct 16, 2026.

Overview

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  • TickerADNH
  • IndustryMiscellaneous Electrical Machinery, Equipment & Supplies
  • HeadquartersDE
  • Incorporated inDE2
  • Business address500 Rutherford Avenue, Suite 102, Boston, Ma 021292
  • Filer categoryNon-accelerated filer, Smaller reporting company2

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

54.6%Gross margin3
-560.7%Operating margin3
-1251.3%Net margin3
113.3%Revenue growth, 20243

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue8¢$1.5M
  • Research and development17¢$3.2M
  • Selling, general and admin75¢$14.3M
  • Income tax0¢$55.0K

Out of $3.3M in revenue.3 The company lost money this year.

Where each dollar of operating cash went, fiscal 2024

  • Kept or used elsewhere100¢$1.4M

Out of $1.4M of cash from operations.3

Financial statements

Revenue4563$3.3M in 2024+271% since 2020
0$2.0M$4.0M$6.0M$8.0M2020: $882.7K$882.7K20202021: $7.1M$7.1M2021+701%2022: $7.8M$7.8M2022+11%2023: $1.5M$1.5M2023−80%2024: $3.3M$3.3M2024+113%
Gross profit4563$1.8M in 2024+385% since 2020
-$6.0M-$4.0M-$2.0M0$2.0M2020: $368.8K$368.8K20202021: $1.7M$1.7M2021+351%2022: -$744.0K-$744.0K20222023: -$5.4M-$5.4M2023+630%2024: $1.8M$1.8M2024
Operating income74563-$18.4M in 2024+2537% since 2019
-$100.0M-$75.0M-$50.0M-$25.0M02019: -$696.6K-$696.6K20192020: -$3.1M-$3.1M2020+341%2021: -$44.1M-$44.1M2021+1335%2022: -$85.4M-$85.4M2022+94%2023: -$50.7M-$50.7M2023−41%2024: -$18.4M-$18.4M2024−64%
Net income74563-$41.0M in 2024
-$75.0M-$50.0M-$25.0M0$25.0M2019: $21.5M$21.5M20192020: -$3.1M-$3.1M20202021: -$20.5M-$20.5M2021+558%2022: -$74.3M-$74.3M2022+262%2023: -$71.4M-$71.4M2023−4%2024: -$41.0M-$41.0M2024−43%
Fiscal year2018201920202021202220232024
Revenue$882.7K4$7.1M5$7.8M6$1.5M3$3.3M3
Cost of revenue$513.8K4$5.4M5$8.6M6$7.0M3$1.5M3
Gross profit$368.8K4$1.7M5-$744.0K6-$5.4M3$1.8M3
Research and development$102.5K4$3.5M5$9.8M6$7.6M3$3.2M3
Selling, general and admin$3.5M4$41.9M5$35.9M6$28.8M3$14.3M3
Operating income-$696.6K7-$3.1M4-$44.1M5-$85.4M6-$50.7M3-$18.4M3
Income tax$1.1M7$04-$923.0K5-$2.0M6-$82.0K3-$55.0K3
Net income$21.5M7-$3.1M4-$20.5M5-$74.3M6-$71.4M3-$41.0M3
Earnings per share-$0.154-$0.455-$43.286-$37.243-$15.653
Earnings per share (diluted)-$0.154-$0.455-$43.286-$37.243-$15.653

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Former names

  • AMCI Acquisition Corp.Jul 20, 2018 to Feb 4, 20212

Recent filings

  1. Jul 22, 20268-K
  2. May 15, 20268-K
  3. Mar 31, 2026NT 10-K
  4. Jan 21, 202625-NSE
  5. Jan 21, 202625-NSE
  6. Jan 15, 20268-K
  7. Nov 17, 202510-Q
  8. Nov 14, 2025NT 10-Q
  9. Nov 10, 20258-K
  10. Nov 3, 20258-K
  11. Oct 29, 20258-K
  12. Oct 22, 20258-K
  13. Sep 30, 2025DEF 14A
  14. Sep 12, 20258-K
  15. Sep 4, 20258-K

Every filing from the last three years, summarized. The full record is on SEC EDGAR.1